Fraudulent Fiorina

Apparently, Carly Fiorina’s campaign is hitting the skids pretty hard. She’s saying she wants to pass tax cuts AND balance the budget. Obviously, this will require spending cuts. When asked by Chris Wallace on Fox News WHERE she would cut spending, well, this is the transcript…

WALLACE: But forgive me, Miss Fiorina, where are you going to cut entitlements? What benefits are you going to cut? What eligibility are you doing..

FIORINA: Chris, I have to say, with all due respect, you’re asking a typical political question.[…]

WALLACE: It may be a typical political question but that’s where the money is. The money is in Medicare and Social Security. We have baby-boomers coming. There will be a huge explosion of entitlement explosion and you call it a political question when I ask you to name one single entitlement you are willing to cut.

FIORINA: Chris, I believe to deal with entitlement reform, which we must deal with, we ought to put every possible solution on the table, except we should be very clear we are not going to cut benefits to those nearing retirement or those nearing retirement or those in retirement.[…]

WALLACE: I’m going to try one last time, and if you don’t want to answer it, Miss Fiorina, you don’t have to.

FIORINA: It’s not a question of not wanting to answer it!

Yes, Carly, this isn’t one company you’re asking people to let you help manage. This is the United States and we all get fucked if you make bad choices.

Let’s all take a moment and realize Fiorina is NOT an entrepreneur. She’s a middle manager and has been enriched almost exclusively not by hard work but through a system that rewards managers with millions funneled directly from shareholders for, at best, mediocre performance. In Fiorina’s case it wasn’t really mediocre performance. It was abysmal performance that made Hewlett Packard shareholders so much poorer that the anger finally forced the board to ask for her resignation.

I wanted her fired, for cause, and a disgorgement of all the money she was paid which is probably why I will never, ever be allowed to serve on the compensation committee of the board of directors of any company. I actually want accountability and I think it’s insane to pay one person hundreds of times what the lowest paid worker makes. Frankly, I’ve never met a member of senior management at any American corporation that deserved the compensation they were paid. None of them have made their respective companies perform hundreds of times better. In Fiorina’s case, a janitor with a GED could have done better and HP shareholders would have hundreds of millions or even billions richer.

I mean, look at her… she can’t even answer the simplest of questions (the answer, Carly, is to cut DoD in half and that damn near fixes our structural deficit without sacrificing national defense). If anyone ever wanted to see a textbook case of failing up, look no further than Carly Fiorina.

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